ASX: Powering Australia's financial markets

Why join the ASX? When you join ASX, you're joining a company with a strong purpose - to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you'll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines. We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We're proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we're committed to a fair and inclusive workplace where everyone can thrive.

Your Team

The Default Management team is responsible for ASX's preparedness and response to a clearing participant default across both clearing houses. Default management at ASX has strong foundations, and the team is now being expanded around three pillars: leadership and strategy; portfolio intelligence, auctions and analytics; and execution, portability and resilience. Reporting to the Senior Manager, Default Management, this role builds out the execution and operations pillar.

Your responsibilities

- Build out the execution,



portability and resilience pillar - investigating, mapping and enhancing the capabilities that take an established framework further into practical, tested and evidenced application, including:
- Building the agreed Default Management uplift roadmap into a working operating model across cleared product classes.
- Developing default management playbooks, procedures and evidence that make default-time workflows practical and repeatable.
- Mapping and establishing operational readiness for portability, transfer, collateral and settlement continuity, working across ASX's operational and subject-matter teams.
- Establishing and testing default broker and counterparty execution readiness, closing gaps in coverage, arrangements and connectivity.
- Designing and running the operational components of fire drills and simulations, documenting and incorporating lessons learned.
- Building the default management communications and escalation framework, supporting Board, regulator and participant engagement.
- Defining and shaping Default Management requirements for market infrastructure change programmes and new products.
- Investigating and delivering assigned items on the Default Management delivery and assurance register, closing audit, regulatory and self-identified actions to schedule.
- Preparing papers and analysis for governance forums, and building working relationships with brokers,



participants and regulators.

Your experience and qualifications

Must have

- Have 7+ years' domestic or international financial-markets experience, with practical understanding of traded products, liquidity, execution considerations and the pre- and post-trade lifecycle.
- Project or programme delivery experience, including scoping, requirements, testing and implementation of change in a financial-markets or post-trade setting.
- Experience operating within governance and control frameworks, including committee or Board material and managing audit, regulatory or self-identified actions through to closure.
- Strong stakeholder management, with a record of delivering across business, operations, technology, legal and external parties.
- Ability to analyse complex operational problems, identify dependencies and develop practical solutions under time pressure.
- Strong data and requirements discipline, with experience building processes, controls or operational capability from a standing start.
- Excellent written and verbal communication, including presenting technical matters to non-technical audiences.
- Relevant tertiary qualifications or equivalent professional experience.
- Experience working with external stakeholders including brokers, market participants and regulatory agencies.

Nice to have

- Experience gained in front office, markets operations, product control, market or counterparty risk, treasury, clearing, settlement or market infrastructure.
- Experience designing or running operational exercises, simulations or crisis scenarios.
- Experience in default management, recovery or resolution planning within a financial institution or market infrastructure

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📌 Manager - Default Management (Sydney)
🏢 ASX
📍 Sydney